| Schedule of Goodwill |
The changes in the carrying value of goodwill for the six months ended February 28, 2015 are as follows (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Industrial |
|
Energy |
|
Engineered Solutions |
|
Total |
Balance as of August 31, 2014 |
|
$ |
100,266 |
|
|
$ |
350,627 |
|
|
$ |
291,877 |
|
|
$ |
742,770 |
|
Purchase accounting adjustments |
|
(3,157 |
) |
|
— |
|
|
— |
|
|
(3,157 |
) |
Impairment charge |
|
— |
|
|
(78,530 |
) |
|
— |
|
|
(78,530 |
) |
Impact of changes in foreign currency rates |
|
(4,681 |
) |
|
(29,556 |
) |
|
(10,893 |
) |
|
(45,130 |
) |
Balance as of February 28, 2015 |
|
$ |
92,428 |
|
|
$ |
242,540 |
|
|
$ |
280,984 |
|
|
$ |
615,953 |
|
|
| Schedule Of Finite Lived And Indefinite Lived Intangible Assets Table |
The gross carrying value and accumulated amortization of the Company’s other intangible assets are as follows (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
February 28, 2015 |
|
August 31, 2014 |
|
|
Weighted Average
Amortization
Period (Years)
|
|
Gross
Carrying
Value
|
|
Accumulated
Amortization
|
|
Net
Book
Value
|
|
Gross
Carrying
Value
|
|
Accumulated
Amortization
|
|
Net
Book
Value
|
Amortizable intangible assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Customer relationships |
|
15 |
|
$ |
306,159 |
|
|
$ |
122,912 |
|
|
$ |
183,247 |
|
|
$ |
325,164 |
|
|
$ |
117,706 |
|
|
$ |
207,458 |
|
Patents |
|
10 |
|
30,960 |
|
|
18,580 |
|
|
12,380 |
|
|
31,678 |
|
|
17,494 |
|
|
14,184 |
|
Trademarks and tradenames |
|
18 |
|
22,106 |
|
|
6,534 |
|
|
15,572 |
|
|
23,241 |
|
|
6,201 |
|
|
17,040 |
|
Other intangibles |
|
3 |
|
6,901 |
|
|
6,497 |
|
|
404 |
|
|
7,373 |
|
|
6,783 |
|
|
590 |
|
Indefinite lived intangible assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Tradenames |
|
N/A |
|
113,264 |
|
|
— |
|
|
113,264 |
|
|
125,905 |
|
|
— |
|
|
125,905 |
|
|
|
|
|
$ |
479,390 |
|
|
$ |
154,523 |
|
|
$ |
324,867 |
|
|
$ |
513,361 |
|
|
$ |
148,184 |
|
|
$ |
365,177 |
|
|